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We advised money transfer platform Opal Transfer on obtaining an electronic money institution licence in Lithuania. The company plans to expand its operations in Lithuania and the EU offering users a full range of features of their digital wallets including the possibility to deposit money and to make withdrawals from their wallet account. Well-established fintech […]
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We became an official partner to the Wise Guys Fintech 3 accelerator programme hosted by ROCKIT and supported by other partners such as Swedbank and Google Developers Launchpad. Mentorship, investments, offices and other perks for startups International startups accepted to the programme will have access to high level mentors from these companies, as well as […]
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We advised Real Estate fund Capitalica Baltic Real Estate Fund I on preparing to enter the alternative First North market in Lithuania. Capitalica Real Estate Baltic Fund I, a closed-end investment undertaking for informed investors, is managed by Capitalica Asset Management. The fund’s bonds are expected to be listed on 30 July this year. Planning […]
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Publication / Augustas Klezys, Laura Matukaitytė, Lina Ragainytė-Mezenė
A new concept of the “specialised bank” was introduced into Lithuanian law on 1 January 2017. Although initially designated for implementing reform in the credit union sector, in practice this regulation serves as a basis for developing a more favourable regulatory environment for local and foreign non-banking financial companies seeking to extend the scale of […]
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We advised Bitė Lietuva, a leading telecommunications company, on implementing a new employee motivation system. Under the new system Bitė will put an extra 250 thousand euro each year towards the third-step pension savings accounts of their employees. Care for employees Bitė Lietuva has won the CV Online TOP employer award for the third year […]
